216, Merano Tower
Sold prices and rental history: sold once, by the developer in October 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 216, Merano Tower
What is 216 worth today?
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Source: Dubai Land Department. Updated 21 October 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 1,431 sqft
- Floor
- 2nd of 29
- Parking
- B2-115, B2-116
- Developer
- DAMAC
- Completed
- 2020
- Service charge
- AED 27,200 /yr
- Last sold
- AED 2.19M · October 2019
- Building
- Merano Tower
About 216, Merano Tower
216 is a three-bedroom apartment of 1,431 sqft on the 2nd floor of Merano Tower, a 29-storey tower in Business Bay completed in 2020 by DAMAC. The developer sold it on 21 October 2019 for AED 2,188,000, or AED 1,529 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 216 over time
216 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Merano Tower, and where 216 sits
All 11 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Feb 202520 February 2025 | 1,455 sqft | 2,375,000 | 1,632 | ||
| 14 Jan 202514 January 2025 | 1,455 sqft | 3,008,000 | 2,067 | ||
| 3 Nov 20233 November 2023 | 1,455 sqft | 2,200,000 | 1,512 | ||
| 12 Sep 202312 September 2023 | 1,455 sqft | 1,815,000 | 1,247 |
Merano Tower
Building574 apartments, studios to 3-bed over 29 floors in Business Bay, completed in 2020 by DAMAC. 33 sold in the last 12 months.
- Typical price per sqft
- AED 1,555 Down 3.3%
- Typical sale
- AED 1.13M
- Typical rent
- AED 75K /yr
- Typical yield
- 7.4%
Other units on the 2nd floor
All 574 units in Merano Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 720 sqft | AED 1.14MAED 1,142,000 · Oct 2019October 2019 | 85,000 /yr | |
| 202 | 1-bed | 769 sqft | AED 997KAED 997,000 · Oct 2021October 2021 | 85,000 /yr | |
| 203 | 1-bed | 772 sqft | AED 1MAED 1,000,000 · Sep 2024September 2024 | 78,000 /yr | |
| 204 | 1-bed | 767 sqft | AED 1.17MAED 1,165,000 · Mar 2020March 2020 | 83,000 /yr | |
| 205 | Studio | 381 sqft | AED 532KAED 532,000 · Oct 2025October 2025 | 50,000 /yr | |
| 206 | 1-bed | 767 sqft | AED 1.18MAED 1,175,000 · Nov 2019November 2019 | 85,000 /yr | |
| 207 | 1-bed | 771 sqft | AED 1.28MAED 1,275,000 · Aug 2024August 2024 | 80,000 /yr | |
| 208 | 1-bed | 629 sqft | AED 1.02MAED 1,023,000 · Apr 2019April 2019 | 77,000 /yr | |
| 209 | 1-bed | 629 sqft | AED 570KAED 570,000 · Jun 2021June 2021 | 103,500 /yr | |
| 210 | 1-bed | 629 sqft | AED 845KAED 845,000 · Apr 2022April 2022 | ||
| 211 | 1-bed | 629 sqft | AED 600KAED 600,000 · Jun 2021June 2021 | 70,000 /yr | |
| 212 | 2-bed | 884 sqft | AED 1.12MAED 1,119,160 · Apr 2022April 2022 | 120,000 /yr | |
| 213 | 2-bed | 952 sqft | AED 1.3MAED 1,300,000 · Nov 2025November 2025 | 115,000 /yr | |
| 214 | 2-bed | 969 sqft | AED 1.22MAED 1,220,000 · Aug 2026August 2026 | 103,000 /yr | |
| 215 | 1-bed | 647 sqft | AED 1.05MAED 1,046,000 · Sep 2019September 2019 | 48,000 /yr | |
| 217 | 1-bed | 752 sqft | AED 980KAED 980,000 · Nov 2025November 2025 | 75,000 /yr | |
| 218 | 1-bed | 742 sqft | AED 1.15MAED 1,146,000 · Mar 2020March 2020 | 75,000 /yr | |
| 219 | Studio | 373 sqft | AED 506KAED 506,000 · Jan 2022January 2022 | 84,000 /yr |
216, Merano Tower in numbers
- Sold once: by DAMAC on 21 October 2019 for AED 2,188,000, or AED 1,529 per sqft.
Source: Dubai Land Department. Updated 21 October 2019.
Questions about 216, Merano Tower
What did unit 216 last sell for?
AED 2,188,000 on 21 October 2019, sold by the developer: AED 1,529 per sqft for 1,431 sqft. It is the only registered sale of the unit.
How big is unit 216?
1,431 sqft (132.9 sqm): a three-bedroom apartment on the 2nd floor of a 29-storey tower completed in 2020.
What is unit 216 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 216? Put it on the OpenOffers board
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Mortgage on 216, Merano Tower
Starts from the last sale price (AED 2.19M, 21 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,188,000
- Deposit, UAE resident (20%)
- AED 437,600
- Deposit, non-resident (40%)
- AED 875,200
- Monthly over 25 years at 3.7%
- AED 8,952
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →